Under project ‘SASHAKT’ an asset management company/ alternative investment…
2018
Under project ‘SASHAKT’ an asset management company/ alternative investment fund (AIF) led resolution approach to deal with NPA cases of more than-?
Answer: E. Rs 500 crore — Under Project Sashakt, the AMC/AIF-led resolution route was meant for large stressed loans of Rs. 500 crore and above. Hence the threshold is Rs. 500 crore.
- A.
Rs 100 crore
- B.
Rs 200 crore
- C.
Rs 300 crore
- D.
Rs 400 crore
- E.
Rs 500 crore
Show answer & explanation
Correct answer: E
Under Project Sashakt, the AMC/AIF-led resolution route was meant for large stressed loans of Rs. 500 crore and above. Hence the threshold is Rs. 500 crore.
Loading lesson…